fenro

co4NihcQFLWrwWEA9updDuGZStivBq5BbQH8Phcpump
Term loans for the tokens you keep. Lock a memecoin, take SOL or USDC for 6h, 24h or 72h, repay before the clock.

[fenro @fenro_pro]

FENRO is a term credit market on Solana for the memecoins you would rather keep than sell.

Borrowers
Lock your tokens, pick a term of 6h, 24h or 72h, and receive SOL or USDC in one transaction. Repay before maturity and the same tokens come back.

Lenders
Fund a quote on the token, amount and flat interest you choose. You collect principal plus interest, or the collateral if the loan is not repaid.

A price drop does not end a FENRO loan. The clock does. There is no liquidation line for a wick to cross before maturity.

The risk sits with the lender who chose it. An unpaid loan hands that lender the collateral, and it can be worth less than what they lent.

Hold 1,000,000 $FENRO and every loan you open costs 25% less to open.

https://t.co/kicUNaUVgM

[fenro @fenro_pro]

A FENRO loan gets more time from a new lender, not from an automatic roll.

From Positions, a borrower picks a funded quote on the same collateral and rematches before maturity. In one transaction, the new lender's principal pays out the old lender and the collateral moves to the new loan's vault.

The rematch fee is 0.25% of the new principal, and a Fee Pass cuts it the same way it cuts the opening fee.

The first mainnet rematch is already on the record. No loan gets extended without new terms both sides agreed to.

https://t.co/ahjtqjfOjf

[fenro @fenro_pro]

Market Stats is built, and in end-to-end testing before it ships to the live app.

It reads loans, repayments, claims, collateral activity and program fees directly from the chain, and puts them on one public page.

Each figure comes from program accounts and transactions you can open on Solscan.

Opening the page on https://t.co/kU0GgJGL8v is the next step.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

How to borrow on FENRO, start to finish.

Pick a funded quote on the Market Board for a token you hold, with a term of 6h, 24h or 72h.

Sign once. Your tokens lock and SOL lands in your wallet in the same transaction.

Repay before maturity and the same tokens come back.

If a loan is not repaid by maturity, the lender takes the collateral, and it can be worth less than the loan.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

Market Stats come next on FENRO.

One public page will read the market straight from the chain: loans opened, loans repaid, collateral claimed, collateral activity by token, and the fees the program collected.

The page reads on-chain records only, so anyone can check each figure against Solscan instead of trusting a dashboard.

The market keeps its own score in the open.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

The first Borrow Request on FENRO mainnet went from open to funded to filled, run from our own proof wallets.

The borrower signed a request on the Market Board: $BONK collateral, a 6h term and 0.8% interest. A lender funded a quote at exactly those terms.

The borrower took it with a Fee Pass, paying a 0.375% opening fee, then repaid before maturity and got the collateral back in full.

Every step is on Solscan, from the funded quote to the repayment.

https://t.co/R3KHwTaqvS
https://t.co/FZJ1kBHPAo
https://t.co/hym60kD589
https://t.co/RXiuiZKwwf

[fenro @fenro_pro]

You can borrow on FENRO right now.

The Quote Desk has funded quotes against $BONK, $WIF and GTA6. Every one is a 6h term with a flat interest written in the quote. Lock the collateral, receive SOL in one transaction, and repay before the clock to get the same tokens back.

These first quotes are funded by the team as the first lender. Anyone can post their own quote next to them.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

Borrow Requests are live on FENRO.

A borrower signs one request with the terms: collateral token and amount, principal, a term of 6h, 24h or 72h, and the interest. It goes up on the Market Board.

Lenders read the open requests and fund the ones they accept, at exactly those terms. FENRO shows the funded quote to the requester first, but on chain any wallet can take it.

The loan then runs like every FENRO loan. A lender who funds a request carries the outcome if it is not repaid.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

Every loan FENRO opens leaves a receipt anyone can read.

Receipts shows the collateral, the principal, the flat interest, the maturity and how the loan ended, repaid or claimed.

Each line links its transaction on Solscan, so the record can be checked against the chain.

Lenders use it to price the next quote. Borrowers use it to show they repay.

https://t.co/ahjtqjfOjf
https://t.co/CfdpzFnPM3

[fenro @fenro_pro]

Two sides, one clock.

Holding a token you want to keep? Open a Borrow Ticket, pick a funded quote, and receive SOL or USDC now.

Holding SOL and a price you would take a token at? Fund a quote on the Quote Desk and name your interest.

Both sides see the same terms before they sign, and both get a receipt when it ends.

https://t.co/u0wHCCo33j
https://t.co/2UDR06zuwd

[fenro @fenro_pro]

Repay a FENRO loan whenever your trade is done.

Some fixed-term lending charges a penalty for paying back early. On FENRO the interest is a flat amount set in the quote, so an early repay costs the same as a late one.

Close it an hour in or a minute before maturity. The collateral comes back in the same transaction as the repayment.

Shorter loans, same price, clear exit.

https://t.co/ahjtqjfOjf

[fenro @fenro_pro]

@nonsensei789 fair take, and the right thing to watch. the first quotes on the board are funded by us as the first lender, and anyone can post their own next to them. lender activity is public on the board, so you can check it any time.

[fenro @fenro_pro]

@solking4000 buys are already in the model. after each weekly settlement, 25% of net service revenue goes to Reserve Buys, which buy $FENRO on market and hold it in the dev reserve. every buy gets its own Solscan link.

[fenro @fenro_pro]

$FENRO is the discount on every loan FENRO opens.

Each loan pays a 0.50% opening fee on the principal. Hold 1,000,000 $FENRO in the borrowing wallet and that fee drops to 0.375%.

The program reads your balance inside the borrow transaction itself. The balance is the pass.

The more you borrow on FENRO, the more the pass is worth holding.

https://t.co/gzpjLMXkNI
https://t.co/2yTgW56cVe

[fenro @fenro_pro]

@solking4000 no. the dev buy was moved into a Streamflow lock, not sold: https://t.co/Vwlje1xoAY

[fenro @fenro_pro]

Borrow Requests come next on FENRO.

Today a borrower takes a quote a lender already funded. Next, a borrower can post a request first: the collateral token, how many tokens, the principal, a term of 6h, 24h or 72h, and the interest they will pay.

Lenders read open requests and fund the ones whose terms they accept. A lender who funds one still carries the outcome if it is not repaid.

Holders set the ask. Lenders choose what to fund.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

to be clear: FENRO itself is live on mainnet. this is about the new Borrow Requests feature, which is being tested end to end before it ships to the live app.

[fenro @fenro_pro]

Borrow Requests are built, and now in end-to-end testing before mainnet.

A borrower posts the terms in one signed request: collateral token and amount, principal, term and interest. Lenders see open requests on the Market Board and fund the ones they accept.

Funding creates a public quote with exactly those terms. FENRO shows it to the requester first, but on chain any wallet can take it.

When the loan opens, it runs on the same clock with the same two endings as every FENRO loan.

https://t.co/R3KHwTaqvS

[fenro @fenro_pro]

The Holder Vault is open, and the first $FENRO stake is already in its warm-up.

Stake $FENRO from the token page. After a 7-day warm-up, your stake earns a time-weighted share of 25% of FENRO's net service revenue each week.

The first weekly payout comes next, funded from the fee vault in one public transaction.

Unstaking starts a 7-day cooldown, and anything already earned stays yours to claim.

https://t.co/gjon4ZPRZz
https://t.co/j82juQqFxo

[fenro @fenro_pro]

@Highercalling0X @solcapone1 appreciate it. we'll keep answering here, and keep putting every loan on chain.

[fenro @fenro_pro]

@solking4000 yes. the open listings post on our profile is a real-screen run from paste to listed, and a full borrow-and-repay walkthrough is being cut now.

[fenro @fenro_pro]

The first rematch on FENRO mainnet is done.

From the receipt screen, an open loan against $BONK moved to a new lender's quote in one transaction. The old lender was repaid principal plus interest in full, and the collateral moved from the old vault to the new one untouched.

The rematch fee was 0.25%, cut to 0.1875% by a Fee Pass. The new loan was then repaid, and the collateral came back in full.

More time, by contract, with a new counterparty.

https://t.co/ahjtqjfOjf
https://t.co/aj5HRtI7zS
https://t.co/3DlYDhbwHa